AAI targets Rs 4,100 cr capex for airport infra development

New Delhi, April 27 (IANS) The Airports Authority of India (AAI) on Friday said that it has undertaken a target of Rs 4,100 crore towards capital expenditure on airport infrastructure development during 2018-19.

According to AAI, it will target to utilise 94 per cent of its total passenger capacity at its airports.

The targets were stated in a statement issued after the AAI signed its Annual Performance Contract for 2018-19 with the Ministry of Civil Aviation, specifying various parameters and targets to be performed by the company during the year.